Market reports & researches
LOG IN | Services | Contact | Custom Research



Main Services Sport, Travel & Leisure Casinos - UK
Publications

(Currently 512486 Items)


Partners


Sport, Travel & Leisure / REPORT INFORMATION

Casinos - UK

DateNov, 2006
Pages81
Price / format$1795 / Online Download
$1795 / Hard Copy Mail Delivery
$3295 / Global Site License

$1 795 

Report Information | Custom-Tailored Research | Product Trade Lead


Abstract:
 Countries covered: United Kingdom

The UK casino industry stands at a crossroads. The 2005 Gambling Act, whilst falling far short of its original proposals, will nevertheless act as a major catalyst of market growth. The supply of new casinos is set to grow significantly, and the relaxation of advertising restrictions will open up vital channels to market.

For many years the industry has operated in a regulatory straitjacket which has constrained the pace of growth. Consumer demand has remained static and restricted to a small percentage of mainly serious gamblers. Meanwhile rival forms of gambling, particularly betting, have enjoyed meteoric success, encouraged by tax incentives, televised sports coverage and rising Internet penetration.

This is now all about to change. Casinos are about to enter the mainstream leisure industry. But at the heart of the planned expansion there remains one great gamble: the punters. The push towards deregulation has come from Government and industry. But whether there is sufficient consumer demand to sustain such large-scale investment and supply growth is the unknown factor.

This report analyses the current make-up and dynamics of the UK casino market, past, present and future; investigating the core trends in supply, consumption and new developments impacting on the marketplace, and seeking answers to the key question: is it simply a case of “build it, and they will come?”



Table of contents:
ISSUES IN THE MARKET
Definitions
ABBREVIATIONS


MARKET IN BRIEF
Footfall up...stakes down
Size matters
Profits up in smoke?
Vive L’Angleterre
Virgin punters
Dens of iniquity
Clicks into bricks
London falling
Hitting the jackpot
Designer casinos
Going global


INTERNAL MARKET ENVIRONMENT
Dawn of a new age
Demand tests abolished, with 17 licences up for grabs
Allocation of licences
Early freedoms
Taxing matters
Ads allowed
No smoking chokes growth?
Chips within chips


BROADER MARKET ENVIRONMENT
Cautious consumers
Figure 1: Trends in GDP, personal disposable income and consumer expenditure, 2001-11
Grey gamblers the key challenge
Figure 2: Trends in the age structure of the UK population aged 15+, by gender, 2001-11
ABC1s the best long-term bet
Figure 3: Forecast adult population trends, by socio-economic group, 2001-11
Volatility of London visitors


COMPETITIVE CONTEXT
Shining star
Figure 4: The UK gambling market, 2000-05
Figure 5: UK gambling stakes, by key sector, 2000-04
Betting boom
Figure 6: UK gambling net expenditure, by key sector, 2000-04
Casino creep
Virtual competition
Gambling and the leisure pound


STRENGTHS AND WEAKNESSES IN THE MARKET
Strengths
Weaknesses


MARKET SIZE AND FORECAST
Total spend on the rise, but individuals spending less
Figure 7: Total expenditure in UK casinos, 2001-11
Figure 8: Number of visits to UK casinos, 2001-06
Factors used in forecast
Pre-2005 growth limited by regulatory framework
Figure 9: Casino industry structure, 2001-06
Figure 10: Drop and house win for casinos, 2001-06
‘Early freedoms’ provide a boost
Mintel foresight
There’s life in the old Act yet
Oversupply in the short-term?
Global heavyweights looking to back a winner
March towards the mainstream
Las Vegas here we come?
FORECAST: THE SUPERCASINO EFFECT
How many extra visitors?
Figure 11: The supercasino effect on visitor numbers
Figure 12: Estimated increase in total number of casino visits created by the introduction of a supercasino
How much will they spend?
Figure 13: The supercasino effect on market value

SEGMENT PERFORMANCE
Slots surge ahead
Figure 14: Expenditure in casinos by sector, 2001-05
Phase one sees maximum prize machines double
Figure 15: Gaming machines in UK casinos, 2001-05
Gaming to retain the lion’s share of revenues
Non-gaming activities to the fore
Rise of the regions
Figure 16: Distribution of trading casinos, by region, 2002-06
North and Midlands take advantage of ‘early freedoms’...
Figure 17: Casino attendance, by region, 2001-05
...but London still gets the drop on them
Figure 18: Casino drop, by region, 2001-05
Figure 19: Average drop per visitor, by region, 2001-05
Keeping it simple
Figure 20: Distribution of drop, by game, 2001-05

COMPANIES AND PRODUCTS
Figure 21: UK casino market shares (estimated) at financial year-end 2005/06
Figure 22: Number of casinos, by operator, 2004 and 2006
The big four
The new playing field
The world looks on with interest
Backtrack on proposals leads to a change in strategy
Acquiring a European base
The multi-purpose Leisure venue
A more focused approach
THE KEY PLAYERS
Stanley Leisure
Investing in expansion
Rank Group
New CEO, new direction
Gala Coral Group
A mass-market approach
Multimedia opportunities
Regional expansion in the pipeline
London Clubs International
New venues to be entertainment-led
High-roller venue sold to support new developments
Aspinalls Holdings/Aspers
A&S Leisure
Ladbrokes
Others

THE CONSUMER - VISITING AND FUTURE INTENTIONS
WHO ARE THE LIKELY CUSTOMERS?
Figure 23: Casino visiting, August 2006
Casinos remain a niche interest...
...but significant scope for expansion exists
Who are the likely customers? - Detailed demographics
Figure 24: Casino visiting, by demographic sub-group, August 2006
First time gamblers
Problem punters?
Upmarket visitors abroad...
...and affluent guests
No dice

THE CONSUMER - PULLING IN THE PUNTERS
INCENTIVES FOR CASINO VISITING
Figure 25: Incentives for casino visiting, August 2006
First time nerves
Incentives for casino visiting - detailed demographics
Figure 26: Incentives for casino visiting, by demographic sub-group, August 2006
Women look for a helping hand
Operators must face the music to attract the under-25s
Young C2DEs drawn to gambling facilities
ATTITUDES TOWARDS CASINOS
Figure 27: Attitudes towards casinos, August 2006
Most popular attitudes towards casinos - detailed demographics
Figure 28: Most popular attitudes towards casinos, by demographic sub-group, August 2006
Londoners among the most concerned over ‘problem gambling’
A leisure destination for the young?
Over-45s like a flutter elsewhere
Next most popular attitudes towards casinos - detailed demographics
Figure 29: Next most popular attitudes towards casinos, by demographic sub-group, August 2006
It’s all about the money for Ds
The young and affluent like to keep it in the city

APPENDIX: RESEARCH METHODOLOGY




Order this report

  Company name:
  Contact person:
  Phone/fax:
  Email:
  Comments:
   


Product Trade Lead
0 leads found


Add New Buy/Sell Lead

© 2007-2010 MarketReportFinder.com